PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED
DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 40
7. TRADE ACCOUNTS RECEIVABLE continued
a. By Debtor continued
Third parties:
2004 2005
Residential and business subscribers 3,213,598
3,452,176 Overseas international carriers
143,539 196,756
Total 3,357,137
3,648,932 Allowance for doubtful accounts
457,138 601,393
Net 2,899,999
3,047,539
b. By Age Related parties:
2004 2005
Up to 6 months 396,425
505,519 7 to 12 months
14,947 27,390
13 to 24 months 19,659
25,574 More than 24 months
53,001 56,162
Total 484,032
614,645 Allowance for doubtful accounts
64,928 84,275
Net 419,104
530,370 Third parties:
2004 2005
Up to 3 months 2,773,992
2,938,326 More than 3 months
583,145 710,606
Total 3,357,137
3,648,932 Allowance for doubtful accounts
457,138 601,393
Net 2,899,999
3,047,539
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED
DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 41
7. TRADE ACCOUNTS RECEIVABLE continued
c. By Currency Related parties
2004 2005
Rupiah 447,657
598,533 United States Dollar
36,375 16,112
Total 484,032
614,645 Allowance for doubtful accounts
64,928 84,275
Net 419,104
530,370 Third parties
2004 2005
Rupiah 3,198,875
3,444,914 United States Dollar
158,262 204,018
Total 3,357,137
3,648,932 Allowance for doubtful accounts
457,138 601,393
Net 2,899,999
3,047,539 d. Movements in the allowance for doubtful accounts
2004 2005
Beginning balance 443,892
522,066 Additions
342,895 478,005
Bad debts write-off 264,721
314,403 Ending balance
522,066 685,668
Management believes that the allowance for doubtful receivables is adequate to cover probable losses on uncollectible accounts.
Except for the amounts receivable from Government Agencies, management believes that there are no significant concentrations of credit risk on these receivables.
Refer to Note 45 for details of related party transactions.
PERUSAHAAN PERSEROAN PERSERO P.T. TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued DECEMBER 31, 2004 AND 2005, AND FOR YEARS ENDED
DECEMBER 31, 2004 AND 2005 Figures in tables are presented in millions of Rupiah, unless otherwise stated
- 42
8. INVENTORIES
2004 2005
Components 53,611
50,520 Allowance for obsolescence
20,188 8,605
Net 33,423
41,915 Modules
88,259 103,520
Allowance for obsolescence 34,063
39,553 Net
54,196 63,967
SIM cards, RUIM cards and prepaid voucher blanks 115,948
114,634 Allowance for obsolescence
482 189
Net 115,466
114,445 Total
203,085 220,327
Movements in the allowance for obsolescence are as follows:
2004 2005
Beginning balance 40,489
54,733 Additions
14,800 10,968
Inventory write-off 556
17,354 Ending balance
54,733 48,347
Management believes that the allowance is adequate to cover probable losses from decline in inventory value due to obsolescence.
At December 31, 2005, inventory held by a certain subsidiary was insured against fire, theft and other specified risks for US0.6 million. Management believes that the insurance amount is adequate to
cover such risks.
